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PDM Stock Chart & Stats
$9.79
$0.05(0.51%)
At close: 4:00 PM EDT
$9.79
$0.05(0.51%)
Day’s Range― - ―
52-Week Range$6.32 - $10.13
Previous CloseN/A
Volume8.42K
Average Volume (3M)801.90K
Market Cap
$1.20B
Enterprise Value$3.38K
Total Cash (Recent Filing)$16.79M
Total Debt (Recent Filing)$2.27B
Price to Earnings (P/E)―
Beta0.81
Next Earnings
Nov 02, 2026EPS Estimate
-0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.65
Shares Outstanding125,132,830
10 Day Avg. Volume717,928
30 Day Avg. Volume801,900
Financial Highlights & Ratios
PEG Ratio-2.66
Price to Book (P/B)0.69
Price to Sales (P/S)1.84
P/FCF Ratio-62.23
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$11.00Price Target Upside12.36% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.13
Revenue Forecast (FY)$541.04M
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationConsistent, materially positive operating cash flow and a strongly positive trailing free cash flow provide durable capacity to fund leasing capital, TI buildouts, and debt reduction. This cash profile supports the company’s ability to execute leasing-led revenue recovery and de-lever without relying solely on external equity.
Leasing Momentum And Pricing PowerHigh leasing velocity, meaningful cash and accrual rent roll-ups, long average lease terms (~11 years) and a large executed pipeline strengthen recurring cash inflows and reduce vacancy duration. Sustained pricing power across Sun Belt markets supports long‑term NOI expansion as commencements convert to cash.
Improved Liquidity And RefinancingExtended maturities, larger revolver capacity and a competitive blended cost of debt materially reduce near-term refinancing risk and provide liquidity headroom. This structural improvement gives management time to convert leasing backlog into cash and follow a staged deleveraging path to targeted net debt/EBITDA levels.
Bears Say
Sharp Revenue DeclineA substantial, multi-period revenue contraction and persistent net losses weaken retained earnings and constrain the firm’s ability to self-fund growth or dividends. Until top-line stabilizes across the portfolio, profitability recovery and reliable distributable cash remain uncertain, pressuring long-term returns.
Dividend SuspendedA suspended dividend shifts the REIT value proposition away from yield investors and signals management’s need to prioritize balance sheet repair and earnings consistency. Restoring distributions requires sustained net income and predictable free cash flow, delaying return of capital to shareholders for multiple quarters.
Weak Transaction MarketA constrained disposition market reduces the firm’s ability to recycle capital and accelerate deleveraging or portfolio optimization. Persistently limited buyer demand or depressed pricing forces longer hold periods or suboptimal sale terms, slowing strategic balance-sheet fixes and capital allocation flexibility.
Piedmont Office News
PDM FAQ
What was Piedmont Office’s price range in the past 12 months?
Piedmont Office lowest stock price was $6.32 and its highest was $10.13 in the past 12 months.
What is Piedmont Office’s market cap?
Piedmont Office’s market cap is $1.20B.
When is Piedmont Office’s upcoming earnings report date?
Piedmont Office’s upcoming earnings report date is Nov 02, 2026 which is in 79 days.
How were Piedmont Office’s earnings last quarter?
Piedmont Office released its earnings results on Jul 28, 2026. The company reported -$0.09 earnings per share for the quarter, missing the consensus estimate of -$0.06 by -$0.03.
Is Piedmont Office overvalued?
According to Wall Street analysts Piedmont Office’s price is currently Undervalued.
Does Piedmont Office pay dividends?
Piedmont Office pays a Quarterly dividend of $0.125 which represents an annual dividend yield of N/A. See more information on Piedmont Office dividends here
What is Piedmont Office’s EPS estimate?
Piedmont Office’s EPS estimate is -0.06.
How many shares outstanding does Piedmont Office have?
Piedmont Office has 125,132,830 shares outstanding.
What happened to Piedmont Office’s price movement after its last earnings report?
Piedmont Office reported an EPS of -$0.09 in its last earnings report, missing expectations of -$0.06. Following the earnings report the stock price went up 3.015%.
Which hedge fund is a major shareholder of Piedmont Office?
Currently, no hedge funds are holding shares in PDM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Piedmont Office Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$11.00 (12.36% Upside)
$11.00 (12.36% Upside)
Blogger Sentiment
Bullish
PDM Sentiment 80%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 6.7K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
-11.02%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
1.70%
Trailing 12-Months
Company Description
Piedmont Office
Piedmont Office Realty Trust, Inc. (PDM), traded on the NYSE, is a real estate investment trust that acquires, manages, develops, and operates premium, Class A office properties. These assets are strategically situated in key sub-markets across seven major Eastern U.S. office markets, with the Sunbelt region contributing the majority of its revenue. The company's geographically diversified portfolio encompasses approximately 17 million square feet, valued at roughly $5 billion. As a self-managed and fully integrated REIT, Piedmont maintains local management teams within each of its operational markets and holds investment-grade credit ratings from S&P Global Ratings (BBB) and Moody's (Baa2). Demonstrating its commitment to sustainability, by the close of the third quarter, approximately 63% of its portfolio was ENERGY STAR certified, and around 41% had achieved LEED certification.
PDM Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a strong operational quarter with accelerating leasing momentum, meaningful rent growth, record net effective rents, improved same-store NOI, and proactive balance sheet actions. Management raised full-year guidance and outlined clear leverage targets while highlighting a sizable $39M of lease revenue yet to commence that will bolster earnings. Notable risks included sector-wide skepticism, a delayed large NYC lease, continued lumpy capex impacting short-term free cash flow, and a still-cautious transaction market. Overall, the positive operating and financial developments materially outweigh the challenges discussed.View all PDM earnings summariesPDM Stock 12 Month Forecast
Average Price Target
$11.00
▲(12.36% Upside)
Technical Analysis
Hudson Pacific Properties
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Brandywine Realty
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Easterly Government Properties
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JBG Smith Properties
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Ownership Overview
1.29% Insiders
30.11% Mutual Funds
25.97% Other Institutional Investors
18.97% Public Companies and
Individual Investors